Princeton Forrestal Village racked up a win over Newark as

the place to be, if you don’t need to be in New York. A

Pittsburgh-based law firm, Reed Smith, is closing its

Newark office next year, giving its attorneys the choice

of working in Princeton or New York. It seems that the

Newark office failed to attract recruits.

Four Newark-based partners have chosen to move to the

Princeton office; with 57 lawyers, Princeton has the

firm’s life sciences and product liability groups.

Overall, Reed Smith has 1,100 lawyers in 14 United States

offices and four in Europe.

According to the New Jersey Law Journal, the Newark

location "is situated in an urban ambience inferior to New

York’s. And those seeking the quality of life of a

suburban practice are much more drawn to the Princeton

office, nested in a Plainsboro office park."

Reed Smith LLP, 136 Main Street, Suite 250, Princeton

Forrestal Village, Princeton 08540-5799; 609-987-0050;

fax, 609-951-0824. Steven J. Picco, managing partner.

Crosstown Moves

Mathews, Shepherd, McKay & Bruneau, 29 Thanet Drive,

Princeton 08540-3674; 609-924-8555; fax, 609-924-3036.

Robert G. Shepherd, managing partner.

An intellectual property law firm is the first tenant in

the 50,000-foot building vacated by Institute for Defense

Analyses. Mathews, Shepherd, McKay & Bruneau moved from

9,000 square feet at 100 Thanet Circle to 7,500 square

feet at 29 Thanet Drive.

Tom Romano of GVA Williams represented the landlord, and

Bill Barish of Commercial Property Network negotiated on

the law firm’s behalf. Owned by GHP Properties, the

renovated building was designed by Hillier architects.

Focusing on patents, trademarks, copyrights, trade

secrets, Internet law, author-publisher agreements,

licensing and litigation, the firm was founded in 1980 and

has nine attorneys.


Bonanni Realtors, 85 Route 33, Mercerville 08619;

609-586-4300; fax, 609-588-9468. David L. Bonanni,


Bonanni Realtors has opened a second office at 551 Route

72, Manahawkin, to lease and sell commercial and

industrial property in Ocean County and Long Beach Island.

Currently the 50-year-old firm also serves Burlington,

Hunterdon, Monmouth, Atlantic, and Cape May counties.

Recently licensed in Pennsylvania, it will soon sell

properties in Bucks County.

Mercer Oak Realty LLC, 993 Lenox Drive, Suite 200,

Lawrenceville 08648; 609-452-0200; fax, 609-452-7878. Sab

Russo and Aubrey Haines.

Sab Russo moved from CB Richard Ellis to join Aubrey

Haines and is now a partner with Haines in Mercer Oak

Realty. The firm moved from Mount Laurel to Lenox Drive,

and one of its major clients is Opus East, which is

building Princeton South Corporate Center in Ewing, the

property formerly owned by Bloomberg.

"Our focus is to do larger transactions," says Russo,

"large companies headquartered here that need a high level

of service in this market, and mid size companies without

real estate departments. We are not competing against the

national firms that do multimarket firms."

There is a real void of credible class A office projects

along that corridor, says Russo. "For years brokers have

been fond of saying the center of gravity shifted, and we

are proving that it has. They have documented that 65

percent of those who work at the Carnegie Center live in

Pennsylvania, and our project is the last stop that can

keep a business in New Jersey."

Leaving Town

Preferred Real Estate Investments Inc., 1001 East Hector

Street, Suite 100, Conshohocken PA 19428; 610-834-1969;

fax, 610-834-7593. Larry Doyle, director. Home page:

Preferred Real Estate Investments Inc., having sold its

American Metro property, closed its offices at 134

Franklin Corner Road, though the telephone (609-912-1144)

still works and is being answered at the firm’s

Conshohocken headquarters. The company owns the former

Rhone Poulenc campus, now called Mid-Atlantic Corporate


Management Moves

Lawrenceville Main Street, 17 Phillips Avenue,

Lawrenceville 08648; 609-219-9300; fax, 609-219-9301.

Ann Garwig, the founder of the nonprofit civic improvement

organization known as Lawrenceville Main Street, will

retire from the executive position there on November 2.

Buz Donnelly, board president, has appointed a transition

team. Garwig mustered the services of volunteers to build

the organization over a 10-year-period.

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